Company updateEconomic Times
Nirma sells 28.46 lakh Alivus shares worth Rs 390 crore
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GreyOak summary
Promoter Nirma Limited sold 28.46 lakh shares of Alivus Life Sciences worth Rs 390 crore in a block deal. The transaction reduced Nirma's stake to approximately 72.53%. Alivus shares declined 1.1% to Rs 1,480.60 following the deal, despite reporting a 51.3% rise in net profit for Q2FY27.
What it affects
- Alivus Life SciencesALIVUSNegative 0
Shares declined 1.1% after promoter block deal sale.Rolling sentiment Neutral 0
Source
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